​Which of the Following Is an Example of Price Discrimination

question 80

Multiple Choice

​Which of the following is an example of price discrimination?

• A)​Seniors paying a lower price for tickets at movie theatres
• B)Students paying discounted rates on travel
• C)Tourists paying higher prices on local attractions than locals 
• D)​All of the above

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Definitions:

Cease-and-desist Order

A legal injunction demanding that an individual or organization stop a specified activity and refrain from engaging in it in the future.

Federal Trade Commission

A U.S. government agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Rights of Appeal

The legal entitlement allowing a party to challenge a court's decision in a higher court.

Deceptive Claim

A false or misleading statement made about a product or service, usually to persuade consumers to purchase.